One of the best aspects of Capitalism is that, over the long run, companies that create the most value and help the most people will profit the most; and the founders of said companies will be handsomely rewarded. There are two exceptions to this: In the short-term, companies can prioritize …
Retirement
The 5 Best Investment Resources You’ve Never Heard Of (And They’re All Free)
“Improve finances” is the second most common New Year’s resolution right behind “lose weight.” For many Americans, “improve finances” is code for “I should save and invest more.” But, investing (and, specifically, knowing where to start) can be intimidating. So, I've compiled the best investment …
5 Important Lessons I Learned About Investing as a $hitty Financial Advisor
I always wanted to be a Financial Advisor. And then I became one and quickly realized that my dream wasn't everything I thought it would be. There were 3 things, in particular, that drove me nuts and ultimately led to my demise. Most people hate to think and talk about money. We spend more …
The Importance of Diversification Explained in Super Simple Terms
Check out this window: Question: What happens when a rock is thrown at this window? Answer: The entire thing shatters. Next, check out this window: Question: What happens when a rock gets thrown at this window? Answer: 1/4 of the window shatters. Lastly, check out this …
What if I Increase my 401(k) Contribution by 1%?
I was 23 years young and I was working my first "real" job (post-college). I still remember the day when my Manager dropped the big binder on my desk labelled "Benefits." Once I selected my health insurance (hardly knowing what a deductible is), I shuffled through a section titled "401(k)." I …
Do Better Than Your Friends In The Stock Market With This Simple Advice From Warren Buffett
Investing is intimidating. Between all of the investment options and all of the talking heads sharing their differing opinions, the task of choosing where to invest and when to invest can be daunting. Thankfully, I have already explained WHEN TO INVEST in my popular article titled "How Would …
Investing Basics: Time Horizon, Risk Tolerance and Asset Allocation
When you begin investing, there are a lot of fancy phrases that will be thrown in your face. But, don’t get overwhelmed. Every industry, in an attempt to exclude outsiders, creates their own, over-cluttered codification full of unnecessary jargon and ridiculous acronyms. From cost basis and back-end …